Proven Value-Enhancing Strategies Continue to Deliver Solid and Sustainable Growth TORONTO, ONTARIO–(Marketwired – Nov. 7, 2016) – Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX:CAR.UN) announced today solid portfolio growth and strong operating and financial results for the three and nine months ended September 30, 2016. Three Months Ended Nine Months Ended September 30… [Read More]
CAPREIT Announces October 2016 Distribution
TORONTO, ONTARIO–(Marketwired – Oct. 14, 2016) – Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX:CAR.UN) announced today its October 2016 monthly distribution in the amount of $0.10416 per Unit (or $1.25 on an annualized basis). The October distribution will be payable on November 15, 2016 to Unitholders of record on October 31, 2016. To… [Read More]
CAPREIT Acquires London, Ontario Townhome Property
Acquisition Advances Strategy of Expanding into Canada’s Strongest Rental Markets TORONTO, ONTARIO–(Marketwired – Sept. 30, 2016) – Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX:CAR.UN) announced today that it has completed the acquisition of an 87-suite luxury townhome property in London, Ontario. The property is centrally located in North West London close to a… [Read More]
CAPREIT Sells Montreal Property
TORONTO, ONTARIO–(Marketwired – Sept. 28, 2016) – Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX:CAR.UN) announced today that it has completed the sale of 412 suites located in the Domaine Choisy neighbourhood in St. Leonard, Quebec for a sale price of approximately $31.4 million. Two mortgages will be repaid with the proceeds of the… [Read More]
CAPREIT Announces Timing of Third Quarter 2016 Results & Conference Call
TORONTO, ONTARIO–(Marketwired – Sept. 27, 2016) – Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX:CAR.UN) announced today it will issue its financial results for the three and nine months ended September 30, 2016 after markets close on: Monday, November 7, 2016. A conference call to discuss the results hosted by Thomas Schwartz, President and… [Read More]
CAPREIT Announces August 2016 Distribution
TORONTO, ONTARIO–(Marketwired – Aug. 15, 2016) – Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX:CAR.UN) announced today its August 2016 monthly distribution in the amount of $0.10417 per Unit (or $1.25 on an annualized basis). The August distribution will be payable on September 15, 2016 to Unitholders of record on August 31, 2016. To… [Read More]
CAPREIT Reports Continued Growth and Strong Operating Performance in Second Quarter of 2016
TORONTO, ONTARIO–(Marketwired – Aug. 9, 2016) – Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX:CAR.UN) announced today solid portfolio growth and strong operating and financial results for the three and six months ended June 30, 2016. Three Months Ended Six Months Ended June 30 June 30 2016 2015 2016 2015 Operating Revenues (000s) $… [Read More]
Canadian Apartment Properties Real Estate Investment Trust Announces Closing of $165 MM Equity Financing
TORONTO, ONTARIO–(Marketwired – Aug. 3, 2016) – NOT FOR DISTRIBUTION IN THE UNITED STATES OR OVER UNITED STATES WIRE SERVICES Canadian Apartment Properties Real Estate Investment Trust (TSX:CAR.UN) (“CAPREIT”) announced today that it has closed its previously announced issue and sale of 5,126,000 units for $32.20 per unit for aggregate gross proceeds of $165,057,200, which… [Read More]
CAPREIT Sells Montreal Property
TORONTO, ONTARIO–(Marketwired – July 27, 2016) – Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX:CAR.UN) announced today it has completed the sale of a building containing 145 mid-tier suites located at 1150 and 1160 Sherbrooke Street East in Montréal, Québec for $24.8 million and includes the assumption by the purchaser of approximately $12.1 million… [Read More]
CAPREIT Announces July 2016 Distribution
TORONTO, ONTARIO–(Marketwired – July 15, 2016) – Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX:CAR.UN) announced today its July 2016 monthly distribution in the amount of $0.10416 per Unit (or $1.25 on an annualized basis). The July distribution will be payable on August 15, 2016 to Unitholders of record on July 29, 2016. To… [Read More]
Canadian Apartment Properties Real Estate Investment Trust Announces Public Unit Financing of $150MM
TORONTO, ONTARIO–(Marketwired – July 11, 2016) – NOT FOR DISTRIBUTION IN THE UNITED STATES OR OVER UNITED STATES WIRE SERVICES Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX:CAR.UN) of Toronto, Ontario announced today that it has agreed to sell, subject to regulatory approval, 4,660,000 units at a price of $32.20 per unit for aggregate… [Read More]
CAPREIT Enhances Ottawa Presence With Purchase of 850 Townhomes
TORONTO, ONTARIO–(Marketwired – June 30, 2016) – Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX:CAR.UN) announced today that it has completed the acquisition of a five-property portfolio of modern luxury townhome properties well-located in Ottawa, Ontario totaling 850 rental units. CAPREIT paid approximately $180.3 million for the portfolio, financed by the assumption of a… [Read More]
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